31–40 of 189 posts
Earlier quoted context omitted.
Compete for what exactly, in this case?
Capital, assets, jobs.
Now if they can actually do something with AI that is meaningful? I assume Mark is trying to reach for like some crazy goal instead of just getting reasonable products to market. I've known the type of person who chases the stars instead of just taking their time, building up the core and then snowballing into greatness.
Like, the problem was always the asymmetry. Can FB police everything? Probably not. Should they be able to operate at scale if they can't? Unclear. Section 230 blah blah platform not responsible for things users post
But YOU sure get banned. At any time for any reason. When you then "report" (that button does... what, exactly?) an actual problem, platform happily tells you no community standards were violated.
You might even get banned for something you were forced to do https://news.ycombinator.com/item?id=24776748 (https://news.ycombinator.com/item?id=24201306)
See, this is why shit like holding his feet to the fire for Dumb Fucks https://news.ycombinator.com/item?id=1692122 matters. I don't care if he was young, he also hacked Crimson reporters. Because what he ('he', assuming he didn't just steal it from the Winklevosses) built early on has evolved into a platform that is many things and fucking broken (https://news.ycombinator.com/item?id=14147719; https://news.ycombinator.com/item?id=6090712) on top of that
Earlier quoted context omitted.
compete for graft, kickbacks, energy parasites.
Why do you see data centers as "energy parasites"? They are basically the best customers of the grid possible - consistent high usage. This is an opportunity for the US to pursue energy abundance and grow the economy. The only issues these cause is when states make it impossible to deploy more energy. Anti growth environmentalism is so toxic when we could just be pursuing wide spread clean energy and growth.
No one likes to see big companies avoid taxes. But I don't see what other options are available for states to compete with each other if not through tax breaks. Edit: I suppose if you ban tax breaks, if a state wants to be competitive, they still can but through modifying the tax code for everyone instead of giving certain people exceptions. That doesn't seem like a terrible alternative..
There's also not "competition" here. It isn't as if data centers have almost any positive local effects, beyond their property tax revenue. They have very few employees and if the property tax is cut they ultimately don't generate any income for the locality.
I can tell you that as someone living in Idaho, I see no differences when I work with the datacenters in Oregon, Washington, or Utah. I'm not benefited in the slightest by the few Idaho datacenters that I interact with currently.
It's the same argument that's been used to give sports stadiums sweetheart deals. These things have almost no local benefits and a lot of negative side effects with their presence.
feels like short term job creation program at best.
Earlier quoted context omitted.
Please don’t do that.
How dare he ask for evidence!
Someone else did provide evidence, though: https://news.ycombinator.com/item?id=48153756
>> Per the report, the package of tax breaks and incentives was achieved through local officials bound by nondisclosure agreements, quietly struck legislative deals, and parliamentary sleight of hand to avoid public scrutiny of the deal.
>> So the residents of Richland Parish did not have much of a heads-up on what was coming.
No voting, no public interests, only closed-door politics.
No one likes to see big companies avoid taxes. But I don't see what other options are available for states to compete with each other if not through tax breaks. Edit: I suppose if you ban tax breaks, if a state wants to be competitive, they still can but through modifying the tax code for everyone instead of giving certain people exceptions. That doesn't seem like a terrible alternative..
They should compete based on actual policy including tax policy. "Tax breaks" for specific projects are just unfair and a quick race to the bottom. Instead, areas should be required to treat all entities equally. Even tax breaks for specific industries like tv/film production are unfair but at least industry wide tax breaks treat individual entities more fairly.
If a state's taxes are too high to attract investment, then they should have to lower taxes for everyone (of the same type).
> exempt from state and local sales and use taxes on its data center equipment for the next 20 years
That said, the real issue IMO is that "use taxes" are just absurd to start with. Why should a random city/town be taxing products neither made nor sold in their jurisdiction. If anything, the sale of the datacenter product/services should be taxed but the external inputs "imported" from other states or countries is crazy to tax.
Again, I will die on the hill that a land value tax makes this all very simple. A LVT is the perfect strategy for extracting public value from data centers since electricity & water availability is a major input to a lands value.
Earlier quoted context omitted.
It's tempting to blame any political outcome you don't like on lobbying. It allows you to believe that almost no one supports the outcome that you don't like, because you can blame it on politicians manage to be bought by a small number of lobbyists. But it might not be the case. Several states (I believe Texas, Georgia, and Indiana) don't charge sales tax to data centers. So from Louisiana's perspective, the alterna…
Well said: why does a tax break bother people so much? That feels pretty populist to me: data centers of this magnitude offer a ton of economic benefits to the area and the state, 3.3B in tax breaks are the price to pay to incentivize them to bring the business to the area, which will then provide a net positive financial benefit. I can see plenty of problems with data center construction that should definitely be ad…